Lendingtree (NASDAQ:TREE) will be releasing its earnings data before the market opens on Wednesday, February 21st. Analysts expect Lendingtree to post earnings of $0.92 per share for the quarter.
Shares of Lendingtree (NASDAQ:TREE) opened at $355.55 on Wednesday. The firm has a market cap of $4,260.00, a P/E ratio of 140.53, a PEG ratio of 1.84 and a beta of 1.62. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.86 and a current ratio of 3.86. Lendingtree has a fifty-two week low of $111.88 and a fifty-two week high of $404.40.
In related news, CAO Carla Shumate sold 2,414 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $275.00, for a total value of $663,850.00. Following the completion of the sale, the chief accounting officer now owns 4,841 shares of the company’s stock, valued at $1,331,275. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Gabriel Dalporto sold 46,876 shares of the firm’s stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $340.07, for a total transaction of $15,941,121.32. Following the completion of the sale, the director now directly owns 47,513 shares of the company’s stock, valued at approximately $16,157,745.91. The disclosure for this sale can be found here. In the last three months, insiders sold 136,090 shares of company stock valued at $43,811,407. 21.90% of the stock is currently owned by company insiders.
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LendingTree, Inc (LendingTree) is engaged in operating an online loan marketplace for consumers seeking loans and other credit-based offerings. The Company’s online marketplace provides consumers with access to product offerings from various lenders, which it refers to as Network Lenders, including mortgage loans, home equity loans and lines of credit, reverse mortgage loans, auto loans, credit cards, personal loans, student loans, small business loans and other related offerings.
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